2min chapter

The Loonie Hour cover image

Canadian Banks Brace for Mortgage Renewal Wall

The Loonie Hour

CHAPTER

Legal Challenge to ESG Practices in Investment

This chapter examines a pivotal lawsuit against BlackRock by a Texas pension fund, which claims that the firm's focus on ESG factors undermines its duty to prioritize shareholder profits. It explores the wider effects of ESG investing on institutional investors and their strategic decisions.

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